Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,484.55, up 21.41 points).
Aurora Cannabis Inc. (TSX:ACB). Health care. Down one cent, or 0.11 per cent, to $9.08 on 12.2 million shares.
The Green Organic Dutchman Holdings. (TSX:TGOD). Health care. Down 19 cents, or 5.03 per cent, to $3.59 on 6.6 million shares.
Barrick Gold Corp. (TSX:ABX). Materials. Down four cents, or 0.23 per cent, to $17.17 on 6.5 million shares.
B2Gold Corp. (TSX:BTO). Materials. Up five cents, or 1.25 per cent, to $4.05 on 6.1 million shares.
Aphria Inc. (TSX:APHA). Health care. Up 39 cents, or 4.04 per cent, to $10.05 on 5.9 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Up two cents, or 0.05 per cent, to $42.52 on 5.8 million shares.
Companies reporting:
CGI Group Inc. (TSX:GIB.A). Down 24 cents to $85.92. CGI Group reported a profit of $311.5 million in its latest quarter, up from $285.3 million in the same quarter a year earlier. The technology and business consulting firm says the profit amounted to $1.11 per diluted share for the quarter ended Dec. 31, up from 98 cents per diluted share a year earlier. Revenue for the first quarter totalled $2.96 billion, up from nearly $2.82 billion. Excluding specific items such as acquisition and integration costs, CGI says it earned $1.12 per diluted share for the quarter, up from 99 cents per diluted share a year earlier.
Canfor Corp. (TSX:CFP). Down 24 cents to $17.75. Canfor Corp. says it will temporarily curtail operations at three B.C. sawmills due to log supply constraints, log costs and current market conditions. The company says the cuts will reduce its production by approximately 40 million board feet. Canfor says its sawmill in Vavenby will be curtailed for six weeks starting on Feb. 11. Meanwhile, sawmills in Houston and Mackenzie will be curtailed for one week each in the first quarter. Canfor has 13 sawmills in Canada.
WSP Global Inc. (TSX:WSP). Up $3.07 or 4.76 per cent to $67.51. WSP Global unveiled a strategic plan Wednesday that forecasts double-digit revenue growth through 2021, when it expects to rake in up to $9 billion. Once a boutique firm, the 60-year-old company has swelled to 48,000 employees from 17,000 in 2014, and aims to exceed 65,000 workers in the next three years. Beefed up by acquisitions of companies such as New York-based infrastructure firm Parsons Brinckerhoff — and 11 acquisitions in 2017 alone — WSP's expansion plans won't come at the cost of excessive leverage, RBC Dominion Securities analyst Derek Spronck says.
The Canadian Press

VANCOUVER, Jan. 16, 2019 /CNW/ - B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) ("B2Gold" or the "Company") is pleased to announce record annual gold production and gold revenues for 2018, gold production and gold revenues for the fourth quarter of 2018, and 2019 annual production and cost guidance.

Two recent large M&A deals in the gold sector have prompted speculation that Newcrest Mining (ASX:NCM.AX - News), Kinross Gold Corp (Toronto:K.TO - News) and B2Gold Corp (Toronto:BTO.TO - News) may be among the next gold companies to combine with a rival, bankers and analysts said. On Monday, Newmont Mining (NYSE:NEM - News) announced a $10 billion takeover of Goldcorp Inc (Toronto:G.TO - News), close on the heels of Barrick Gold's (Toronto:ABX.TO - News) purchase of Randgold Resources. "There are potential benefits to consolidation and gold miners that can generate returns above cost of capital will likely be rewarded over time," Chris LaFemina, an equity analyst at Jefferies, wrote in a note on Monday.

NEW YORK, NY / ACCESSWIRE / December 20, 2018 / The Market Edge strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us ...

HALIFAX, Dec. 12, 2018 /CNW/ - Zonte Metals Inc (TSXV:ZON.V - News) ("Zonte" or the "Company") is pleased to announce it has signed a drill contract for the Phase 1 drilling at the Cross Hills Iron Oxide Copper Gold Property in Newfoundland and Labrador. Drilling will be conducted on the Dunns Mountain target where the Company has delineated a large target defined by coincident high-resolution ground magnetics, induced polarization and a large mineralized corridor containing copper, silver and gold in surface grab samples (see press release dated October 11, 2018). Zonte Metals Inc. is a junior explorer focused on gold and copper.

Small-caps and large-caps are wildly popular among investors; however, mid-cap stocks, such as B2Gold Corp (TSE:BTO) with a market-capitalization of CA$3.2b, rarely draw their attention. Despite this, commonly overlooked mid-caps Read More...

HALIFAX, Nov. 22, 2018 /CNW/ - Zonte Metals Inc (TSXV:ZON.V - News) ("Zonte" or the "Company") has closed a $1.2 million financing consisting of 3,624,000 units at a price of $0.25 and 1,126,666 flow through shares at a price of $0.30 (the "Offering") for total proceeds of $1,244,000, subject to TSX Venture Exchange (the "Exchange") approval. Each Unit will consist of one common share and one-half (½) of one share purchase warrant, with each whole warrant entitling the holder to acquire one additional common share at a price of $0.40 for a period of 18 months from the date of issuance. If the closing share price of the common shares on the TSX Venture Exchange is greater than $0.70 per common share for a period of 20 consecutive trading days at any time following the issuance of the Warrants, the Company may accelerate the expiry date of the Warrants by issuing a press release announcing the reduced warrant term whereupon the Warrants will expire on the 30th calendar day after the date of the press release.

NEW YORK, NY / ACCESSWIRE / November 13, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...

After B2Gold Corp’s (TSE:BTO) earnings announcement in June 2018, the consensus outlook from analysts appear fairly confident, with profits predicted to increase by 48% next year compared with the past Read More...

VANCOUVER, Oct. 25, 2018 /CNW/ - B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) ("B2Gold" or the "Company") announces a substantial increase in the Mineral Resource estimate for the Fekola Mine and positive results from the ongoing Fekola mill expansion study. The new increased Mineral Resource and the positive results, to date, from the Fekola mill expansion study indicate the potential to increase mill throughput tonnage and increase annual gold production from Fekola with moderate capital expenditure. Based on approximately 192,000 metres of exploration drilling in 928 drill holes (including 70,877 metres in 294 holes drilled by B2Gold since June 2014), B2Gold is pleased to report an updated Indicated Mineral Resource estimate of 92,810,000 tonnes at 1.92 grams per tonne ("g/t") gold, for a total of 5,730,000 ounces of gold, and an Inferred Mineral Resource estimate of 26,500,000 tonnes at 1.61 g/t gold, for a total of 1,370,000 ounces of gold, for the Fekola Mine located in southwestern Mali.

VANCOUVER, Oct. 22, 2018 /CNW/ - B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) ("B2Gold" or the "Company") is pleased to announce positive results of an expansion study for El Limon Mine located in Nicaragua and that the Company has signed a renewed two-year Collective Agreement with the labour unions. The expansion study was conducted to evaluate the life-of-mine ("LoM") options for combining the remaining underground Inferred Mineral Resources with the new El Limon Central zone open-pit Inferred Mineral Resource. The result would be a much longer mine life with significantly higher gold production and lower cash operating costs (see non-IFRS Measures) and all-in sustaining costs ("AISC") (see non-IFRS Measures).

NEW YORK, NY / ACCESSWIRE / October 16, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...